In order to create an enabling environment for doing business, the Business Facilitation (Miscellaneous Provisions) Act, 2023 (“BFA”) was signed into law.

The objective of the BFA is to promote the ease of doing business in Nigeria and eliminate bottlenecks. To realize this, the BFA amends 21 business-related legislations to promote the ease of doing business, eliminate bottlenecks and institutionalise all the reforms to ease implementation.

In this Article, we have examined some of the key changes introduced by the BFA. Continue reading here.